nitin_asce

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Viewing 20 posts - 1 through 20 (of 89 total)
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  • in reply to: General Discussion #22303
    nitin_asce
    Registered Boarder

    @Logan I do understand importance of disclosures but somehow I feel management will become more transparent only when they want it to be.

    I got a sense that they have a plan and they will execute the plan. Nobody knows in that plan when company really wants company marketcap to appreciate. When they really want appreciation automatically more transparency will come.

    My hunch is it will happen once shareholding issue is resolved or promoter consolidates/increases their shareholdings.

    in reply to: General Discussion #17517
    nitin_asce
    Registered Boarder

    Can somebody post the link for recording of concall.
    Could not attend it due to personal exigencies.

    4+
    in reply to: General Discussion #15637
    nitin_asce
    Registered Boarder

    Fantastic results by BCG. More than my expectations.

    Just saw another positive development, the concall transcript of June result concall is uploaded on bcg website after long time.

    Waiting for daum closure, fa closure and audio acquisition. Stock can fly anytime.

    in reply to: General Discussion #14454
    nitin_asce
    Registered Boarder

    Very good results as per management guidance.
    Looking back 3 years, there were multiple issues and most of them have been sorted. Only few are pending and we have to wait to see get them sorted.

    Few observations-
    1. Adding new ceo for indian operations. This might be starting point before mediamint acquisition is complete.
    2. Company adding new director in board of directors for financial control strengthening. From my standpoint very important step.
    3. Audio acquisition.

    The company sees huge revenue increases with free cash flow and it looks from action of company that transition to become large cap has started. There might be hits & misses in this journey but we have to face that. Next 2 years are very important in this journey.

    Management intent seems clear now and it is growth what they want. In the past ghee could not fully tell the truth because of compulsions and kept changing narrative but now it seems that there is no such requirement. Eagerly waiting for concall. Will expect some analyst in thus quarter concall.

    Very excited to see the results and hope BCG does much better than the estimates in next 3 quarter.

    in reply to: General Discussion #14379
    nitin_asce
    Registered Boarder

    I think yhe best part was in the end. Even if promoters sold the shares(promoters claim there is no selling) they bought LLPs to increase the shareholding.
    Generally promoter selling is a negative point since it shows promoters does not intend to run company over long term and the growth may suffer. However sometimes there are other reasons as well.

    So if the LLP come into promoter fold then why to worry. However things are not clear and may get cleared in 1-2 quarter time.

    6+
    in reply to: General Discussion #14345
    nitin_asce
    Registered Boarder

    @logan my understanding is for pledging purposes it was moved to some brokers pool account. As per legal advise since they are not in promoters demat account it cannot be claimed as shareholding.
    So once all loans are repaid, the shares will return to promoter account.

    Somehow got a feeling this issue was unnecessarily created to bring share price down. It just my own feeling. Otherwise they could have issued same clarification 3 months back.

    in reply to: General Discussion #14343
    nitin_asce
    Registered Boarder

    By reading the reply on share holding, I think if that is the case they could have disclosed same 3 months back.
    Don’t know why they did not issue the notification.

    in reply to: General Discussion #14299
    nitin_asce
    Registered Boarder

    Thank you so much @rathi_b for summarizing the meeting.

    My understanding of the situation:
    1. SKR agreed to meet hyd investors when stock was hammered. I understand at one point hyd investors wanted to meet SKR but there was no response from bcg.
    It will be interesting to know who initiated this meeting this time whether it was bcg or hyd group.
    Please note the intent of this meeting is to reassure investors. So do not expect any big thing from this meeting. But meeting Hyderabad investors in itself a positive event.

    2. Rest when running a company there are several challenges which ceo will not share with investors as same might benefit the competitors.

    3. For shareholding issue, bcg has not formally notified hhe shareholding for the quarter. The probability of skr cheating investors is very less. However skr repeatedly claimed that he is invested in company. There is a chance that promoters will increase their shareholding.
    If I am the promoter of the company where revenues of the company are growing >50%, I personally would not sell my shareholding.

    Rest this meeting with hyd investors shows a positive intent by management. As investors we have yo wait for couple of months to see the progress.

    in reply to: General Discussion #14269
    nitin_asce
    Registered Boarder

    @rathi_b is your meeting finished. Please post updates.

    in reply to: General Discussion #14241
    nitin_asce
    Registered Boarder

    @logan @rathi_b I once saw a nanocap company website and was impressed to see audited subsidiary reports on their website. I consider this as gold standard for a company.

    If BCG can do it it will be awesome. No doubt initially there will be lot of queries but if bcg can appoint one person to respond to queries the issue will be put to bed.

    in reply to: General Discussion #14186
    nitin_asce
    Registered Boarder

    @hw_tw I agree with your response.
    Even biggies like reliance jio, airtel etc will be coming in adtech industry in next few years. Sign IPL digital rights sold for record levels.

    My take is SKR will never tell us the real truth. So we need to make an opinion on circumstantial evidence.
    – SKR acquiring LLC to shore up his take can be taken as +ve sign. I always wondered he is so sharp and why he gave so much equity at low value. Some jugglers has been done to shore up stake.
    – CS resigning. My take is Manohar resigned since he had to file notifications for such transactions. Now promoter can easily blame CS was not there and hence missed. Other thing is if Manohar took other job, how he is still helping brightcom. So he is still working for bcg at some other post but not as CS.
    – good thing business is growing. Once it reaches 1-1.5 billion usd. The companh will be too big to fail.

    Given all these circumstances and summarizing +ves growth in revenue, increase in dividend, growth from mediamint/audio, promoter acquiring LLp etc.
    Tech companies in us have also fallen 70-80% normally.

    So I think we should not worry about noise and wait till market recovers.
    Personally i am cautiously optimistic on bcg.

    in reply to: General Discussion #14090
    nitin_asce
    Registered Boarder

    I think for the guidance figures, most important question is does it include mediamint numbers or not.
    Definitely audio company numbers are not included.

    in reply to: General Discussion #14041
    nitin_asce
    Registered Boarder

    I was not able to attend the concall. Does anybody have youtue link of concall recording.

    2+
    in reply to: General Discussion #13984
    nitin_asce
    Registered Boarder

    Thank you Logan for good explanation.

    Just another argument If I look back in history if a company is dubious or have bad management bonuses are issued to prep up share price and it is not delayed. The bonus shares are credited very fast.

    In our case it is delayed due to some reasons. The investors are panicking but personally I don’t know a single chor company where bonus issue was delayed. Hence if bonus is delayed that doesn’t mean bcg is a chor company.

    The other reason of not picking calls is management is not prepared for such large volume of calls and doesn’t want to disclose their problems with public and hence no notification was done.

    in reply to: General Discussion #13284
    nitin_asce
    Registered Boarder

    One question, why is so much hate there for BCG on Twitter. Even some well known names are happily trolling BCG.

    It’s all about how much risk you want to take and returns follow your risk profile. More the risk more the returns.

    in reply to: General Discussion #13204
    nitin_asce
    Registered Boarder

    Excellent clarification. It clears all naysayers doubts.

    Extremely happy with BCG and faith in Mr Reddy is getting stronger and stronger.

    in reply to: General Discussion #13087
    nitin_asce
    Registered Boarder

    @yogi if that is the case then why not stock split jnstead of bonus. My thought it is to motivate Warrant holders to pay money znd get their warrants converted to equity.

    in reply to: General Discussion #13064
    nitin_asce
    Registered Boarder

    Nothing to be concerned about. This is just a way so that PW holders pay up in full and get their warrants converted to equity.

    BCG can utilize that money to pay for their acquisitions.

    in reply to: General Discussion #12910
    nitin_asce
    Registered Boarder

    The video was clearly biased. Out of curiosity I saw the video. Intent is if we are unable to see any negative due to my positive bias then I should understand it.

    However it was clearly biased. Couple of points like he mentioned increased in margin as per latest concall however he compared margin upto few quarters back. However last 2 quarters did show some margin improvement which he casually ignored.
    Yhe other thing was yearly Financials were compared However he never showed quarterly numbers. If quarterly numbers were shown people would have better understood recent price increase.

    in reply to: General Discussion #12817
    nitin_asce
    Registered Boarder

    Yes true. Will BCG meet the guidance or will beat the earlier provided guidance.

    My thinking is if management wants share price to move up they will try to beat the earlier provided guidance. Rest it all depends on business conditions and external factors.

    Keeping finger crossed.

Viewing 20 posts - 1 through 20 (of 89 total)